two businesses for around million and cut 5000 jobs and as it expands its stronger corporate jet and rail divisions but companys shares fell as much as 26 percent on disappointing free cash flow forecast

Bombardier Inc said on Thursday it would sell two businesses for around million and cut 5000 jobs and as it expands its stronger corporate jet and rail divisions but the companys shares fell as much as 26 percent on a disappointing free cash flow forecast

Negative

Bombardier Inc said on Thursday it would sell two businesses for around million and cut 5000 jobs and as it expands its stronger corporate jet and rail divisions but the companys shares fell as much as 26 percent on a disappointing free cash flow forecast

Jamie Koutsoukis a senior analyst at Moodys said by email she believes Bombardier has an uncertain ability to generate positive free cash flow in 2019

Negative

Bombardier Inc said on Thursday it would sell two businesses for around million and cut 5000 jobs and as it expands its stronger corporate jet and rail divisions but the companys shares fell as much as 26 percent on a disappointing free cash flow forecast

Bombardier while slashing thousands of jobs in 2016 also hired workers to

develop

its Global 7500 business jet major revenue driver

Bombardier while slashing thousands of jobs in 2016 also hired workers to develop its Global 7500 business jet a major revenue driver

Negative

Bombardier Inc said on Thursday it would sell two businesses for around million and cut 5000 jobs and as it expands its stronger corporate jet and rail divisions but the companys shares fell as much as 26 percent on a disappointing free cash flow forecast

The sale comes as Bombardier undertakes a fiveyear restructuring program through 2020

Negative

Bombardier Inc said on Thursday it would sell two businesses for around million and cut 5000 jobs and as it expands its stronger corporate jet and rail divisions but the companys shares fell as much as 26 percent on a disappointing free cash flow forecast

to turn its moneylosing regional jet program around by slashing costs and boosting volumes but would also explore strategic options for program

Bombardier said it would try to turn its moneylosing regional jet program around by slashing costs and boosting volumes but would also explore strategic options for the program

Negative

Bombardier Inc said on Thursday it would sell two businesses for around million and cut 5000 jobs and as it expands its stronger corporate jet and rail divisions but the companys shares fell as much as 26 percent on a disappointing free cash flow forecast